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Global Automotive Carbon Fiber Components Market 2018-2022

Global Automotive Carbon Fiber Components Market 2018-2022

About Automotive Carbon Fiber Components

Automotive carbon fiber components consist only carbon fiber or composites. These are lightweight and have high durability and tensile strength.

Technavio’s analysts forecast the Global Automotive Carbon Fiber Components Market to grow at a CAGR of 9.77% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive carbon fiber components market. To calculate the market size, the report considers the revenue generated from the sales of carbon fiber components for various applications including powertrain, exterior, and interior.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, global automotive carbon fiber components market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DowDuPont
  • Plasan Carbon Composites
  • SGL Group
  • TEIJIN
  • TORAY INDUSTRIES
Market driver
  • Growing use of carbon fiber materials in automotive industry
  • For a full, detailed list, view our report
Market challenge
  • High price of carbon fibers and expensive R&D
  • For a full, detailed list, view our report
Market trend
  • Increasing application of advanced manufacturing technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Carbon Fiber Components Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive carbon fiber components market: DowDuPont, Plasan Carbon Composites, SGL Group, TEIJIN, and TORAY INDUSTRIES.

Commenting on the report, an analyst from Technavio’s team said: “One trend gaining momentum in this market is the increasing application of advanced manufacturing technologies. The use of carbon fibers in the automotive industry requires advanced carbon fiber manufacturing techniques. This holds more importance for automakers and auto component manufacturers to gain more competitiveness and cost-effectiveness in the market.”

According to the report, one driver influencing this market is the growing use of carbon fiber materials in automotive industry. The automotive industry is focusing on the use of energy-efficient, rigid, and light-weight materials to reduce adverse environmental effects. Thus, the global automotive industry is witnessing increasing use of advanced materials. The growing competition among OEMs and automakers is fueling the adoption of advanced materials for automotive applications, which include aluminum, carbon fibers, and magnesium.

Further, the report states that one challenge affecting this market is the the high price of carbon fibers and expensive R&D. Rising prices of raw materials such as resins and carbon fibers have increased the procurement costs for vendors. The cost of carbon fibers is of particular concern in this regard as the average price of carbon fiber is $40-$50 per pound. A minor share of the increased procurement costs is absorbed by vendors of carbon fibers, with the major share being translated to higher prices for customers. Hence, this is foreseen to be a challenge in the future. Moreover, the large volume production of these products can become challenging with the increasing demand.

Companies Mentioned

DowDuPont

Plasan Carbon Composites

SGL Group

TEIJIN

TORAY INDUSTRIES

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global automotive components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global automotive carbon fiber components market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global automotive carbon fiber components market – Market size and forecast 2017-2022 ($ mn)
      • Table Global automotive carbon fiber components market – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Global automotive carbon fiber components market by application
      • Table Global automotive carbon fiber components market by application 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Powertrain – Market size and forecast 2017-2022
      • Table Powertrain – Market size and forecast 2017-2022 ($ mn)
      • Table Powertrain – Year-over-year growth 2018-2022 (%)
    • Exterior – Market size and forecast 2017-2022
      • Table Exterior – Market size and forecast 2017-2022 ($ mn)
      • Table Exterior – Year-over-year growth 2018-2022 (%)
    • Interior – Market size and forecast 2017-2022
      • Table Interior – Market size and forecast 2017-2022 ($ mn)
      • Table Interior – Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Global automotive carbon fiber components market by geography
      • Table Global automotive carbon fiber components market by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Carbon fiber cost breakdown
      • Table Manufacturing cost breakdown of carbon fiber
  • Market trends
    • Increasing application of advanced manufacturing technologies
    • Growing use of nanotechnology in drive shaft for better performance
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DowDuPont
      • Table DowDuPont – Overview
      • Table DowDuPont – Business segments
      • Table DowDuPont – Organizational developments
      • Table DowDuPont – Geographic focus
      • Table DowDuPont – Segment focus
      • Table DowDuPont – Key offerings
    • Plasan Carbon Composites
      • Table Plasan Carbon Composites – Overview
      • Table Plasan Carbon Composites – Business segments
      • Table Plasan Carbon Composites – Organizational developments
      • Table Plasan Carbon Composites – Geographic focus
      • Table Plasan Carbon Composites – Key offerings
    • SGL Group
      • Table SGL Group – Overview
      • Table SGL Group – Business segments
      • Table SGL Group – Organizational developments
      • Table SGL Group – Geographic focus
      • Table SGL Group – Segment focus
      • Table SGL Group – Key offerings
    • TEIJIN
      • Table TEIJIN – Overview
      • Table TEIJIN – Business segments
      • Table TEIJIN – Organizational developments
      • Table TEIJIN – Geographic focus
      • Table TEIJIN – Segment focus
      • Table TEIJIN – Key offerings
    • TORAY INDUSTRIES
      • Table TORAY INDUSTRIES – Overview
      • Table TORAY INDUSTRIES – Business segments
      • Table TORAY INDUSTRIES – Organizational developments
      • Table TORAY INDUSTRIES – Geographic focus
      • Table TORAY INDUSTRIES – Segment focus
      • Table TORAY INDUSTRIES – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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